Morken, MN is a great place to consider living if you are looking for an affordable and comfortable home. The median housing value in Morken stands at $308,300, which is well below the US house median value of $338,100. Although the appreciation rate of 8.21% for houses in Morken is just slightly below the national average of 8.27%, it's still a solid investment given its lower cost. With its beautiful landscape and friendly community, Morken offers a great option for those looking for a new home.
The median home cost in Morken is $308,300. Home appreciation the last 10 years has been 73.1%. Home Appreciation in Morken is up 13.6%.
Average Age of Homes
- The median age of Morken real estate is 46 years old
The Rental Market in Morken
- Renters make up 11.4% of the Morken population
- 5.1% of houses and apartments in Morken, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.